Daily Archives: October 31, 2012

Trading signals for Wednesday 31-10-2012

Forex, Commodities and Index signals for Wednesday 31-10-2012 11:00 GMT Continue reading

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AUD/USD: Australian dollar strengthens against the greenback in the Asian session

  For the 24 hours to 23:00 GMT, AUD strengthened 0.24% against the USD to close at 1.0363. LME Copper prices rose 0.5% or $40.3/MT to $7759.8/MT. Aluminium prices rose 0.6% or $11.0/MT to $1884.3/MT. In the Asian session, at … Continue reading

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USD/CHF: Trading marginally lower this morning

  For the 24 hours to 23:00 GMT, the USD declined 0.42% against the CHF and closed at 0.9323. The Swiss UBS consumption indicator rose to 1.07 points in September, following a revised 1.02 points in August. In the Asian … Continue reading

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USD/CAD: Pair trading lower in the Asian session; Canadian GDP data awaited

  For the 24 hours to 23:00 GMT, the USD declined 0.11% against the CAD to close at 0.9998, falling below parity. The Canadian Dollar rose after manufacturers’ prices rose for the first time since April. The Canadian industrial product … Continue reading

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USD/JPY: Japan’s manufacturing activity contracts to 18-month low in October

  For the 24 hours to 23:00 GMT, the USD weakened 0.13% against the JPY and closed at 79.68. The Bank of Japan (BoJ), in its latest monetary policy meeting, expanded its asset purchase fund by ¥11.0 trillion to ¥66.0 … Continue reading

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GBP/USD: British Pound strengthens on improved retail sales

  For the 24 hours to 23:00 GMT, GBP rose 0.27% against the USD and closed at 1.6073, after the UK retail sales rose to a four-month high in October. Yesterday, the Confederation of British Industry, in its Distributive Trades … Continue reading

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EUR/USD: Euro drifting lower in the Asian session

  For the 24 hours to 23:00 GMT, EUR rose 0.42% against the USD and closed at 1.2962, after Italy saw its borrowing costs fall to their lowest levels since May 2011 at a government auction of five- and ten-year … Continue reading

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Crude Oil: Crude Oil up as US refineries resume operations post storm Sandy

  Crude Oil prices advanced 0.49% against the USD for the 24 hour period ending 23:00GMT, closing at 85.71. Late yesterday, the American Petroleum Institute reported that crude oil inventories rose 2.1 million barrels for the week ended October 26. … Continue reading

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Silver: White metal declines in the Asian session

  Silver prices rose 0.26% to the USD31.90 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0400, Silver is trading at 31.89, marginally lower from yesterday’s close. Silver is expected to find support at 31.72, … Continue reading

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Gold: Yellow metal trading lower today morning

  Gold prices traded higher by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1711.71 per ounce, as appeal of the precious metal increased after the Bank of Japan increased the size of its asset-purchase program … Continue reading

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